Does Coinbase report to the IRS?
Yes. Coinbase issues tax forms to US customers (1099-DA), and the IRS gets a copy.
Checked 2026-10-17 · 1 source- Coinbase issues IRS Form 1099-DA to US customers; for tax year 2025 it reports sale and exchange proceeds only, with cost basis added from tax year 2026, and it does not cover Coinbase Wallet or decentralized exchange activity.
- Tax is owed on gains whether or not you receive a form. Swapping one token for another counts as a sale.
- Form 1099-DA is the IRS form for digital asset sales through a broker. It reports your sale proceeds, so keep your own records of what you paid.
- This is general information, not tax advice.
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Sources: Coinbase Help: IRS Form 1099-DA. The venue's own page wins if it disagrees with ours.
Coinbase
Exchange. Coinbase is a US-listed (Nasdaq: COIN) custodial crypto exchange and broker. Simple buys and sells carry a spread plus a Coinbase fee, Coinbase Advanced is a maker/taker order book, and since 2025 the app has offered DEX trading of onchain Base and Solana tokens through an integrated self-custody wallet.
Full Coinbase sheet: fees, custody, incidents →